Seems investors are wising up. The amount of those investing in paper silver has seen a sharp decline. I, for one, would never even consider buying a silver or gold note. IMO, if I can't see it, touch it, and hold it, it ain't REAL
http://goo.gl/TKHVRC
Joe
Time to let go of my $1 & $5 silver certificate's.
Just where would you go to trade your certificates for silver? Do you think they would honor it? Does anyone really know?
There is hope for more modern day treasure stories....folks burying this stuff in the ground. Otherwise they will be buying more Safes to hold it
Leveraged as high as 80 to 1 at one point by COMEX. If everybody turned in there SLV's at the same time most would be settled in cash. If COMEX had that much cash. Owning is better than a paper contract any day of the year.